France GDP Growth Rate

France's quarterly economic growth was revised lower to 0.3 percent in the three months to September 2018, compared to a near one-year high of 0.4 percent previously estimated and following a 0.2 percent growth in the previous period. The negative contribution from inventory changes was bigger than initially thought. GDP Growth Rate in France averaged 0.78 percent from 1949 until 2018, reaching an all time high of 8 percent in the third quarter of 1968 and a record low of -5.30 percent in the second quarter of 1968.

GDP Growth Rate in France is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in France to stand at 0.40 in 12 months time. In the long-term, the France GDP Growth Rate is projected to trend around 0.60 percent in 2020, according to our econometric models.

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French Q3 GDP Growth Revised Lower to 0.3%

France's quarterly economic growth was revised lower to 0.3 percent in the three months to September 2018, compared to a near one-year high of 0.4 percent previously estimated and following a 0.2 percent growth in the previous period. The negative contribution from inventory changes was bigger than initially thought.

Within domestic demand, household consumption grew by 0.4 percent in the three months to September, rebounding from a 0.1 percent contraction in the second quarter. It was the steepest increase in private spending in a year as consumption of goods bounced back significantly, in particular energy and food, and that of services accelerated slightly. In services, transport expenses bounced back markedly after a significant decline in Q2 due to strikes in rail transport. In addition, fixed investment increased by 0.9 percent, following a 0.8 percent advance in the previous quarter, boosted by corporate investment, notably investment in IT activities and information services, as well as in automotive. Also, government expenditure went up 0.2 percent, after a 0.3 percent rise in the prior quarter.

Exports surged 0.3 percent, after being unchanged in the second quarter; while imports fell 0.6 percent, compared to a 0.6 percent increase in the previous period.

Year-on-year, the economy expanded 1.4 percent in the third quarter, easing from an upwardly revised 1.7 percent growth in the previous three-month period.

French Q3 GDP Growth Confirmed at Near 1-Year High
The French economy advanced 0.4 percent on quarter in the three months to September 2018, following a 0.2 percent growth in the previous period and in line with the preliminary reading, the second estimate showed. It was the strongest growth rate since the last quarter of 2017, due to a rebound in household spending and a positive foreign demand.Published on 2018-11-29

French Q3 GDP Growth Strongest in Almost a Year
The French economy advanced 0.4 percent on quarter in the three months to September 2018, following a 0.2 percent growth in the previous period and missing market expectations of a 0.5 percent expansion, the first estimate showed. Still, it was the strongest growth rate since the last quarter of 2017, due to a rebound in household spending and increases in both fixed investment and exports.Published on 2018-10-30

French Q2 GDP Growth Confirmed at 0.2%
The French economy advanced 0.2 percent on quarter in the three months to June 2018, the same pace as in the previous period and in line with the second estimate. The pace of expansion remained at the weakest level since the third quarter of 2016 as household spending contracted for the first time in seven quarters and net external demand contributed negatively to the GDP growth.Published on 2018-09-21

French Q2 GDP Growth Confirmed at 0.2%
The French economy grew 0.2 percent on quarter in the three months to June of 2018, the same pace as in the previous period and in line with the preliminary reading, the second estimate showed. The pace of expansion remained at the weakest level since the third quarter of 2016 mainly due to a drop in consumer spending and a negative contribution from external trade, while fixed investment rose firmly.Published on 2018-08-29

France GDP Growth Rate

France is the seventh largest economy in the world and the second largest in the Euro Area. the biggest sector of the economy is household consumption (55 percent) followed by government expenditure (24 percent) and gross fixed capital formation (22 percent). Exports of goods and services account for 29 percent of GDP while imports account for 31 percent, subtracting 2 percent from total GDP. This page provides the latest reported value for - France GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.